Posts Tagged ‘Investing In The Stock Market’
Best Stock to Invest In: Penny Stocks Uncovered
Written by troy on Wednesday, April 01, 2009 | No Comments
Categories: Uncategorized Tags: Day Trading, Invest Stocks, Investing In The Stock Market, Nasdaq Stocks, Stock Invest, Trading Stocks
I could talk to you about all the popular and good stocks to buy out there, but that’s just the problem… their too popular. From my own experience I can say that one of my best stock picks was of a small company back in ’89… now one of the – if not the most – powerful multinational corporations in the world. I’m not going to reveal the company’s name though, but at the time I bought them, is was selling penny stocks. It cost be around $0.70 to buy one stock, so I bought a bunch of them. It was risky but, then again, I only spent around $400 bucks.
The Early Years
The first year, my little NASDAQ penny stocks went up around +0.30. That means they were up to $1.00! that was good knows! But I wanted them to go up a little further and then sell them so I could make the difference… To my surprise they dropped to $0.90 – something like that. But this wasn’t a bad surprise for me, somehow I ended up buying a whole bunch more… spent around $2,000! To this day I don’t know why, but I took the risk!
For the next 10 years the stocks skyrocketed and I was selling and buying and selling and buying… From a bunch of day trading penny stocks, I made a great deal of money, but the thing is… by 1999 they weren’t penny stocks anymore! Their price had gone up to a whopping $50 per stock! How about that! Life was good! And still is… Thanks to that moment!
In Short
What I’m trying to say here is, the best stock to invest in isn’t always the one that’s worth hundreds of dollars. Sometimes you just have to go for it and take the risk with penny stocks, and sometimes with enough research you know the penny stocks are going to explode some day and make you a real fortune!
By: William Foxx
About the Author:
William Foxx has dedicated a great part of his life into understanding how the stock market works and which are the best stocks to invest in. He believes that almost anyone with enough determination can make a lot of money by choosing the right penny stock picks.
Investing in the Stock Market for Beginners > How to Invest Online – Trading Shares
Written by troy on Friday, February 27, 2009 | 2 Comments
Categories: Uncategorized Tags: Hot Stocks, Hummers, Investing In The Stock Market
A beginner usually feels very attracted to the stock market while for example discovering a penny stock that’s being reported in CNBC or the news program and watching it rise steady fast and make new highs from $1 to $7 in just 2 months.
While learning about this successful news story he’s saying to himself “Oh boy if I was one of those lucky guys who bought that cheap stock back when it was priced at $10 I easily would have tripled my money by now… That means my 10 grand would transformed in to a whooping 70 K! hassle free … I would have been able to grab one of those big HUMMERs on the spot and probably pick up a nice Rolex by the way!”
The stock market news constantly reports of hot small cap stocks that are breaking out and making tremendous gains on the same day or doubling in price in just a few hours. Back in the bull market of the late 90′s you could easily see a good number of hot stocks sprouting out every week.
Those years surely made it look like every body could easily take LONG SHOTS and make a shiny pile of gold every day in the stock market. But today’s market is a different story. A totally different animal.
Some say that the stock market has gotten more realistic. Fantasy land is over and GAMBLING YOUR WAY TO RICHES is not an option anymore. You might get lucky a few times, but your constant loses can wipe you out sooner or later.
The fact that the bull market period has ended for now doesn’t mean that you can’t make a great deal of money in today’s market. A lot folks from many walks of life keep making excellent profits on a daily basis, pocketing hundreds & thousands of dollars by trading penny stocks online.
Success in penny stock trading starts by applying a wiser and REALISTIC methodology for choosing hot penny stocks as well as for getting in and out of them with profits in mind.
You need to look at the stock market more realistically. You got to learn that you can benefit when stocks go up and also when they FALL down.
You got to WORK SMARTER and get more selective about the hot stock trading opportunities that you choose. You need to embrace the nature of day trading and be fully prepared to take advantage of stocks that are poised for a BIG RISE on the same day.
The bottom line is you have to PREPARE YOUR SELF to be successful, just like you would do it in other areas of your life in order to achieve success.
By: stock trading basics
About the Author:
Profitable Stock Market helps stock traders and investors take advantage of practical stock trading opportunities every day at http://www.ProfitableStockMarket.com


